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Owner Contacts

$342,000

NAL Estimated Property Value

1401 Scharpe St, Houston, TX, 77023

Off Market

4 Beds

3 Bath

2,145 Sq Ft

Single Family Residence

$172.49 / sqft

Built in 1936

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesGas Oven, Gas Range, Dishwasher

FlooringCarpet, Wood

Exterior

Lot Size10,472 sqft

Building Information

Year Built1936

Garage Spaces4

Land Information

APN0542480000020

Lot Number20

SubdivisionBroadmoor

Land UseResidential

Legal DescriptionLT 20 BLK 12 BROADMOOR

Census Tract310600

Assessed Land Value$209,013

Assessed Improvement Value$81,203

Assessment Year2025

About this property

Your Dream Home Awaits at 1401 Scharpe Street, Houston, TX 77023 Discover the perfect blend of traditional charm and modern convenience in this 4-bedroom, 2.5-bath home, ideally located just 4 miles from Downtown Houston and only 2 minutes from the University of Houston. Step inside to an open and airy first-floor living area, perfect for relaxation and entertaining. The family room connects to a kitchen with a breakfast bar, ideal for quick meals and morning coffee. The first-floor primary bedroom features an en-suite bath with a shower. Upstairs, find two spacious bedrooms with a shared tub/shower combo bath. A half bath on the main floor adds convenience for guests. The home is SOLD AS IS, offering a fantastic opportunity to make it your own. The well-maintained yard is perfect for outdoor activities. Experience the ideal Houston lifestyle in this dream home. Contact us today to schedule a private tour!

Investor Tools

$342,000

Estimated Property Value

$338,012Estimated Mortgage Balance

$3,988Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,220 /month

Positive

Cash Flow Estimate:

$740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$644/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,023

$290,216

2025

$209,013

$81,203

$290,216

Tax History

Year

Tax Paid

Assessed Value

2024

$6,023

$290,216

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$342,000

First

Sep 8, 2025

Oct 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$338,012

$13,988

99%

$2,051/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,051/mo

$-329/mo

6.0%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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